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Northern Star to Acquire Newmont’s Kalgoorlie Power Business for $95 Million
December 10, 2021
Newmont has agreed to sell its Kalgoorlie power business to Australia’s Northern Star Resources Limited. Under terms of the agreement, Newmont receives US$95 million in cash, inclusive of the US$25 million option payment previously received from Northern Star as part
Australia Approves South32’s Dendrobium Coking Coal Mine Expansion
December 8, 2021
The New South Wales (NSW) government has declared Australian-South African mining firm South32’s proposed A$956 million ($671 million) Dendrobium coking coal mine expansion in the Illawarra region as state-significant infrastructure, allowing it to move forward in the approvals process. The
Sandvik to Acquire Deswik, Launch New Digital Mining Technologies Division
December 7, 2021
Sandvik has signed an agreement to acquire Australian-based Deswik, the leading and fastest growing major provider of mine planning software. Deswik will be part of a newly formed division Digital Mining Technologies within business area Sandvik Mining and Rock Solutions.
Four Employees Fatally Injured at Two Different Sibanye-Stillwater’s Operations, South Africa
December 7, 2021
Sibanye-Stillwater reported the tragic loss of four colleagues in two separate incidents on Friday, December 3, 2021. At approximately 2:30 this morning, a colleague at Khuseleka shaft at the Rustenburg operations passed away due to a fall of ground incident
MMG to Stop Production at Las Bambas Mine Amid Logistic Issues, Peru
December 7, 2021
MMG has announced that it will stop production at the Las Bambas copper mine in Peru by mid-December 2021 due to logistic issues driven by continued opposition from local community members. The Australia-based company had been facing blockades on public
One Miner Missing, One Injured in Coal Mine Accident in Poland
December 6, 2021
Coal mining authorities said Sunday that one miner is missing and one has been rescued with injuries after an earth tremor and a cave-in at a mine in southern Poland. A spokesman for Poland’s Mining Group, Tomasz Glogowski, said that
Adani Remains on Track to Ship Its First Coal from Carmichael Mine this Month, Australia
December 2, 2021
Indian developer Adani remains on track to ship its first coal this month from its 10mn t/yr Carmichael thermal coal mine in the Galilee basin in central Queensland, despite protestors targeting train and port infrastructure. Activists have this week attached
China Credits Increased Coal Production for Recent Economic Boost
December 2, 2021
The Chinese government credited recent energy “policy measures,” including increased coal production, for the increased manufacturing activity boosting its economy. “In November, power shortages eased and prices of some raw materials dropped significantly,” said Zhao Qinghe, a senior statistician at
World Gold Council Report Underscores Barrick’s Leading Role in Sharing the Benefits of Mining
December 1, 2021
Barrick Gold Corporation welcomed the release of the World Gold Council’s report highlighting the role of its members in contributing to socio-economic development in the countries and communities in which they operate. According to the report, available HERE, this contribution
Russia Jails Five People Over Coal Mine Disaster that Killed 51
November 29, 2021
A Russian court on Saturday ordered five people to remain in pre-trial detention for two months pending an investigation into a devastating blast in a coal mine in Siberia that resulted in dozens of deaths. Russian authorities reported 51 deaths
